Texas Electricity Market

Last week, the Public Utility Commission (PUC) of Texas submitted their annual report to the Texas Legislature which updates the status of the electric markets in Texas.  Overall, competitive electricity prices have dropped over the past two years.  The PUC found three major factors affecting prices:  1)  lower natural gas prices; 2)  more wind generation; and 3)  increased competition in the electricity market.  The PUC report also noted that residential customers have more offers and more retailers available to them.  In addition, there have been some infrastructure and market improvements designed to increase customers’ satisfaction within the state of Texas.  One of these is the advanced metering deployment.  Over 2.5 million smart meters have already been upgraded, and all 6.1 million should be completed by 2015.  Customers will soon see retail electric providers (REPs) beginning to offer products that take advantage of the data that smart-meters provide, such as prepaid services that permit customers to avoid paying a deposit and allow customers to pay for electricity in smaller increments.  In the next few years, Texas customers can expect REPs to provide additional technologies that will allow customers to manage their consumption better by using the information from their smart meters.

As this report shows, it pays to shop and compare your residential and business electricity rates.  Please visit our website at www.ReduceYourPowerCost.com to see how your current rate and electricity provider stack up against the competition.

 

Houston, TX Residential Electricity Rates

Happy New Year!  Houston’s residential electricity rates remained fairly stable over the last few months.  Some contract terms even saw a slight decrease.  Today’s rates include a month-to-month contract for 9.8 cents; a 6-month contract for 9.8 cents; a 12-month contract for 9.8 cents; an 18-month contract for 10.6 cents; and a 24-month contract for 10.2 cents.  100% green energy and renewable products are available as well.  Our preferred electricity suppliers continue to offer customers special offers with a signed contract.  These specials include bill credits, gift cards, a free month of electricity, and free companion airfare.

If you live in the state of Texas, please check out our site, www.ReduceYourPowerCost.com, and see how we have made it easier for you to shop and compare electricity rates.  Fill out the short information box on the home page, and you will be directly sent to the pricing page for your area.  Even though prices have remained fairly constant over the last year, be a knowledgeable consumer, and see if locking in your electricity rate is right for you.

For more information, please contact us at info@reduceyourpowercost.com.

 

Winter Energy-Saving Ideas

Here are some ways to save energy and hopefully lower your bills this winter:

1)  Use a programmable thermostat.

2)  Set thermostats between 65 and 70 degrees during the winter, and even lower if you are going to be gone from your home more than 4 hours.

3)  Have your furnace checked out annually by a qualified technician.

4)  Check for leaks around doors and windows; seal if necessary with caulk or weatherstripping.

To maybe save even more money on your electricity bills, please shop and compare your electricity rate at ReduceYourPowerCost.com.  With the click of a button, you can choose rates and plans from some of the top electricity providers in the state of Texas.  We do the work, and you enjoy the savings.  Visit us today!

Dallas, TX Residential Electricity Rates

With the summer heat behind us and beautiful fall weather ahead, we find that residential electricity rates in Dallas have continued to drop over the last several weeks.  Today’s rates include a month-to-month contract for 7 cents; a 6-month contract for 8.4 cents; a 12-month contract for 8.7 cents; a 18-month contract for 9.3 cents; and, a 24-month contract for 9.2 cents.  Several of our suppliers continue to offer specials with a signed contract.  Specials include gift cards, free companion airfare, and bill credits.  100% renewable energy options are available as well from some of our suppliers.

If you live in the state of Texas, please visit our site, www.ReduceYourPowerCost.com, and see how we have made it easier for you to shop and compare electricity rates for your home or business.  Fill out the short information box on the home page, and you will be directly sent to the pricing page for your area.  We know you are busy….that’s why we want to save you time AND money!

 

Houston’s Residential Electricity Prices

Houston’s residential electricity rates remained fairly stable over the summer.  In fact, most contracts saw a decrease in prices over the last month.  Today’s rates include a month-to-month contract for 8.3 cents; a 6-month contract 9.8 cents; a 12-month contract for 9.9cents; an 18-month contract for 10.3 cents; and a 24-month contract for 10.6 cents.  100% green energy and renewable products are available as well.  Our preferred electricity suppliers continue to offer customers special offers with a signed contract.  These specials include bill credits, a free month of electricity, and free companion airfare.

Please check out our site, www.ReduceYourPowerCost.com, and see how we have made it easier for you to shop and compare electricity rates.  Fill out the short information box on the home page, and you will be directly sent to the pricing page for your area.  We want to save you time and money!!

For more information, please contact us at info@reduceyourpowercost.com.

Lower Natural Gas Prices = Lower Electric Prices?

Texas has seen record high temperatures this summer which would normally mean higher electric bills for consumers.  However, natural gas prices have fallen more than 60 percent since July 2008, and since natural gas prices drive the wholesale price of electricity in Texas, this should result in lower electric bills for customers who used a similar amount of electricity last summer to this summer.  That is good news for consumers who have seen additional fees added to their bills in recent months.  For example, in the Houston area, CenterPoint has been collecting about $3 a month from customers to help pay the cost of installing smart meters.

The biggest component of your bill, though, is how much electricity you actually use.  The best way to realize a savings is by cutting your usage through conservation, energy-efficient appliances and windows, and turning off appliances when not in use.

Another way to potentially save money on your electric bills is to shop and compare your electric rates at www.ReduceYourPowerCost.com.  If you live in the state of Texas, please visit our website today to see where your current rates stack up against our suppliers.  Residential and commercial rates are available, as well as green energy.  Start saving today!!

Today’s Residential Electric Prices in Dallas, TX

As the summer winds down, we find that residential electricity rates in Dallas have slightly dipped over the last month.   Today’s rates include a month-to-month contract for 10.4 cents; a 6-month contract for 9.4 cents; a 12-month contract for 9.2 cents; a 18-month contract for 10 cents; and, a 24-month contract for 9.9 cents.  Several of our suppliers continue to offer specials with a signed contract.  Specials include gift cards, free companion airfare, and bill credits.  Green energy options are available as well from some of our suppliers.

Please visit our site, www.ReduceYourPowerCost.com, and see how we have made it easier for you to shop and compare your electricity rates.  Fill out the short information box on the home page, and you will be directly sent to the pricing page for your area.  We are all for saving you time and money!!

Have a great Thursday!

Texas Sets Record for Electricity Usage

On August 4th, Texas set a record for power usage according to the Electric Reliability Council of Texas (ERCOT), the state’s main grid operator.  Peak demand hit 63,594 megawatts between 4 p.m. and 5 p.m.  The old record of 63,400 megawatts was set last year on July 13th.  ERCOT reportedly can meet the peak demand for summer while still having about 21% more reserve power generating capacity.

For current residential and commercial electricity prices in Texas, please visit our website www.ReduceYourPowerCost.com where you can shop and compare the best rates from 10 different electricity providers.  We have simplified the process of choosing your electric provider to save you both time and money!  Why not start today?

Houston, TX Residential Electricity Rates

Houston’s residential electricity rates have remained fairly stable over the last month.  Today’s rates include a month-to-month contract for 11.3 cents; a 6-month contract 10.4 cents; a 12-month contract for 10.2 cents; an 18-month contract for 11.4 cents; a 24-month contract for 10.9 cents; and a 5-year contract for 12.5 cents.  Green energy and renewable products are available as well.  Our preferred electricity suppliers continue to offer customers special offers with a signed contract.  These specials include bill credits, gift cards, and free companion airfare.

Please check out our site, www.ReduceYourPowerCost.com, and see how we have made it easier for you to shop and compare electricity rates.  Fill out the short information box on the home page, and you will be directly sent to the pricing page for your area.  We want to save you time and money!!

We would love for you to become a fan on Facebook.  For more information, please contact us at info@reduceyourpowercost.com.

Dallas, TX Residential Electricity Prices

Residential electricity rates in Dallas have remained fairly stable over the last month except for the month-to-month contract which has seen a slight rise.  Today’s rates include a month-to-month contract for 10.6 cents; a 6-month contract for 9.6 cents; a 12-month contract for 9.4 cents; a 18-month contract for 10.4 cents; a 24-month contract for 9.9 cents; and, a 60-month contract for 12.5 cents.  Several of our suppliers continue to offer specials with a signed contract.  Specials include gift cards, free companion airfare, bill credits, and AAdvantage miles.  Green energy options are available as well from some of our suppliers.

Please visit our site, www.ReduceYourPowerCost.com, and see how we have made it easier for you to shop and compare your electricity rates.  Fill out the short information box on the home page, and you will be directly sent to the pricing page for your area.  We are all for saving you time and money!!

Have a great weekend!